One of the Trump administration’s most ambitious plans to buoy the struggling coal and nuclear power industries has been shot down. The Federal Energy Regulatory Commission unanimously rejected a proposal to subsidize coal-burning and nuclear power plants on Monday. Its defeat hands a victory to the motley coalition—of environmental groups, natural-gas companies, free-market advocates, and Democratic state attorneys general—who had opposed the rule and promised to fight it in court. The 5-0 rejection was all the bitterer for the administration because four of the five commissioners who lead the agency were appointed by President Trump, and three are Republicans.
The Atlantic 9th Jan 2018 read more »
Rejection of subsidies for coal and nuclear power is a win for fact-based policymaking. In my view, FERC made an appropriate and well-grounded decision. The commission opted to gather more information and examine many possible approaches to improving reliability, instead of rubber-stamping a directive that had not been fully vetted. The commission’s action is a good example of the kind of evidence-based policymaking that Americans should expect from the federal government.
The Conversation 10th Jan 2018 read more »